Ethereum Foundation Discloses $970M in Holdings, Majority in ETH to Support Vision

TL;DR The Ethereum Foundation (EF) has disclosed a substantial treasury of $970.2 million as of October 31, 2024, with 99% of its $788.7 million in cryptocurrency assets held in Ether (ETH). The foundation has implemented a conservative treasury management policy, selling ETH periodically to ensure sufficient resources for future operations and supporting spending during market ... source: https://crypto-economy.com/ethereum-foundation-discloses-970m-in-holdings-majority-in-eth-to-support-vision/